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Kentucky Higher Education Assistance Authority
KHEAA providing college net price calculator
Kentucky colleges and universities have a new online tool that can help students and parents understand the costs of higher education.
The ThinkAhead Net Price Calculator is available to colleges through a partnership between the Kentucky Higher Education Assistance Authority (KHEAA) and StudentAid.com.
The net price is the difference between the cost of going to a school and how much financial aid a student can expect to receive. Federal law will require all college Web sites to provide a net price calculator by October 2011.
“The quality of net price calculators varies greatly,” said Ted Franzeim, senior vice president for customer relations at KHEAA. “By partnering with StudentAid.com, KHEAA is able to provide colleges and universities with the best calculator available.”
ThinkAhead provides accurate estimates of how much families can expect to pay toward a student’s college costs. It also provides accurate estimates of how much the student can expect to receive in Federal Pell Grants and state grants. The estimator is customized to each college’s financial aid policy and can provide student aid packages based on each student’s financial and academic background.
For more information about planning for college, visit www.gotocollege.ky.gov. For more information about Kentucky scholarships and grants, visit www.kheaa.com; write KHEAA, P.O. Box 798, Frankfort, KY 40602-0798; or call (800) 928-8926, ext. 6-7372.
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